Property

Buying a Subsale House – Lodge a Private Caveat during Property Transaction

Q1: What is private caveat? A1: Shall have the effect as it expressed to bind the land itself or an undivided share in the land or merely a particular interest if any. Q2: Who should lodge a private caveat? A2: Persons/bodies who has the interest on that particular property/land can lodge a private caveat. Q3: [...]

List of Blacklisted Property Developers Without License Until 31 December 2011

Source: KPKT For the last few years, we have seen first time developers are mushrooming in Malaysia’s real estate market. They are new in the industry, no project reference list, no past track record… etc. Would you like to bet your hard earned money on these yet to be proven new developers? Think twice or [...]

How to Calculate MOT / Stamp Duty For Transfer of Real Estate

How much should I pay for the charges on the stamp duty for transfer of real estate or commonly known as Memorandum Of Transfer (MOT), too? The charges are usually included in your lawyer’s quotation. But, if you want to have a quick reference for budgeting purpose, use this online Stamp Duty calculator. It will [...]

List of Blacklisted Developers due to Abandoned Housing Projects Until 31 December 2011

Comparing to the previous statistic, it is great to notice that the number of blacklisted developers remain unchanged since 31 July 2011.

2012 China Property Bubble: House Prices in Erdos (Ghost Town) Declined 70%

Some interesting points: House prices in China Ghost Town (Erdos) dropped nearly 70% (from RMB 10,000 per square meter to RMB 3,000) ‘Ghost Town’ – a name given by the US TIME magazine to the Kangbashi district in south-central of Erdos The 32 square kilometres city is built by local government at RMB 17 billion [...]

China’s Real Estate Bubble is Bursting: More Real Estate Agencies to Shut Down

China Property Market Transactions Extremely Slow Down

Sale and Purchase Agreement (SoHo – Not Following Schedule H SPA)

What’s wrong for buying a SoHo, which is not following Schedule H sale & purchase agreement? Please look at the example of payment schedule shown on below. Did you found anything wrong about it? “Within fourteen (14) days after receipt by the Purchaser of the Vendor’s written notice of the commencement of: -” Whenever the [...]

Standard Sale & Purchase Agreement (Schedule G) – Buying From Housing Developer

THIRD SCHEDULE (Clause 4) SCHEDULE OF PAYMENT OF PURCHASE PRICE

The Ghost City of China – Ordos, Inner Mongolia

China’s Ghost City: Ordos, Inner Mongolia – November 2009 $585 billion stimulus package to build China’s growth A brand new Ordos City in Inner Mongolia, where a whole town was built using China’s government money, targeting for 1 million residents is still standing empty. China’s Ghost City: Ordos, Inner Mongolia – May 2011 China’s Ghost [...]